The creditors of a restructured green bond are attacking Ricardo Quintela, who declared himself in default again. The province had sold a wind farm for 171 million dollars and now does not have the money to pay $16 million, they say.
The governor's explanation for his failure to pay, "which he attributes to Argentina's current economic situation, is totally inappropriate," the creditors say. "In fact, the province's problem is its government's disdain for meeting its legal and contractual obligations," they add.